Economic Buzz: Japan Consumer Confidence Dips To 8-Month Low In April

Japan seasonally adjusted consumer confidence index dropped to an eight-month low of 43.6 in April from 44.3 in March, data from Cabinet Office showed Wednesday. The consumer confidence dropped in April after remaining stable in the previous month. The sub-index for livelihood fell to 41.5 in April from 42.0 in the previous month. The component index for income growth edged down to 42.3 from 42.6. Similarly, the gauge measuring willingness to buy durable goods slid to 42.3 from 42.7 and the employment index declined from 49.1 to 47.9.